CashShield helps Creative Group expand into blue oceans and grew its revenues by 5 times

Recharging Credits with Guthaben

+ 212%

Increased revenue
(In 6 Months)

– 96.3%

reduction in Chargeback Rates

Background

Europe based digital goods service provider such as entertainment credits and gift cards with presence in over 130 countries

Processes millions of online transactions through various online service platforms

Challenge

Stagnant revenue growth

Falling market share

Solution

Unlocked all payment channels and non 3DS cards for global growth

Expanded digital product lines without worrying about fraud

“

The CashShield system has been instrumental to our market expansion giving us peace of mind and allowing us to increase both our product offerings and geographies which we operate in. It has my high commendations.

You have Successfully Subscribed!

Tao Zhang serves as Chairman of Internet Plus Holdings Ltd. (IPH) since 2015. IPH, a merged entity between Meituan and Dianping, is a leading Internet company and the dominant local platform in China. Tao was the founder of Dianping and served as CEO and Chairman from 2003 to 2015. He previously held positions in American Management Systems, a US-based IT consulting firm. Tao holds an M.B.A. degree from the Wharton School of Business at University of Pennsylvania and a bachelor’s degree in Economics from DePauw University.

Shulei Yang

Head of Research & Development

Shulei has almost a decade of experience in software and web development. In her past projects, she has had opportunities to work with various programming languages, such as ASP.NET, Java/J2EE and PHP. She also has good knowledge in all aspects of Software Development Life Cycle (SDLC). Shulei has a BSc in Computing and Information Systems from the University of London.

As part of CashShield’s pioneer team, Shulei serves as the Head of R&D, in charge of the design and development of CashShield’s automation and algorithm principles. Also, Shulei manages the integration team, drawing from her vast experience from overseeing CashShield’s smooth integrations with large enterprises over the years.

In her free time, Shulei enjoys reading, meeting friends and travelling.

Khin Kai Loke

Chief Technology Officer

Khin brings to the table a lifetime of experience in web development and programming, having touched base in the triumvirate of SMCs, NGOs and MNCs. As CTO, Khin leads and oversees the CashShield developer team to maintain, upgrade, and scale the CashShield infrastructure. On top of that, Khin heads up the research efforts on new technologies and innovation to improve the performance and security of the CashShield systems and is constantly thinking about new features while planning the software development pipelines.

The owner of the messiest table in the office, Khin wields his tennis racket or his camera in his free time, when he is not otherwise in front of his television.

Junxian Lee

Chief Financial Officer, Co-Founder

“To shape a world where tech-solutions are both business-centric and ethical.”

For Junxian, technology is a gift that must be used responsibly to benefit society. He has made this his mission, and aims to shape a world where tech-solutions are both business-centric and ethical.

Despite being a career entrepreneur, Junxian remains passionate about academia, and is a proud alumnus of some of the top institutions in the world including Harvard, never forgetting to give back to his alma maters along the way.

Away from the office, Junxian can be caught serving the freshest brews at his cafes and sharing his experience with youths at public events.

Irene Brime

Managing Director CashShield Europe, Co-Founder

If there ever was a perpetual motion machine, we figure that it would look somewhat like Irene. A true global citizen, Irene can be found in one of two modes: jet-setting to her next destination, or planning her getaway. Over the years, work and play have come together, and today Irene brings to the table a lifetime of experience in bridging Asia and Europe through marketing and product development.

Irene loves to read, inline skate, and try exotic dishes. Perhaps just not all at the same time.

Justin Lie

Chief Executive Officer and Founder

As a student, Justin already saw the opportunities brought about by the advent of e-commerce and online payments, setting up a cross border e-commerce business. It was when his sites were attacked by fraudsters that Justin devised his own system of rules on whether to accept or reject a transaction, which would later develop into the more sophisticated CashShield system today. Over the years of R&D, Justin successfully integrated various disciplines from the latest machine learning technologies and financial principles, creating the world’s first full machine automated fraud management system that functions without any human involvement.

Navigating the industry with his bootstrapped solution, Justin has led the CashShield team to meet and rise above countless challenges.

In his free time, Justin is a slave to his newborn babies, who, despite their troublesome antics, are really bundles full of joy.

Denise Peng

Chief Operating Officer

As the former COO of Qunar.com, Denise has 15 years of experiences in product, technology, sales, marketing and business operations in the internet industry. As a founder member of Qunar, a leading online travel platform in China, in 2005, she has successfully brought it to public on NASDAQ (NASDAQ:QUNR) in 2013 with a market capitalization of more than US$5B and later in 2015 merged with publicly traded rival Ctrip to form a $20 billion travel giant in China. Qunar is ranked 1st in the domestic air tickets market and 2nd in the hotel market.

In 2013, Denise co-founded PINTECH, a leading intelligent financal services group in China with its subsidiary brands include Dumiao, Jimubox, Xuanji, etc and she is committed to finding an industry that can be changed by the internet.

Kheng Nam Lee

Advisor

As Advisor, Mr Lee brings his many years of experience in the technology sector to provide guidance and assistance to CashShield in its strategic planning.

Mr Lee has been a Venture Partner of GGV Capital since 2005, and is also currently Deputy Chairman of Vertex Venture Holdings Ltd (VVH), a wholly-owned subsidiary of Temasek Holdings (Private) Limited. He is also Director of Creative Technology Ltd, a public-listed company.

Mr Lee was General Manager (1988 to February 1995) and subsequently President of Vertex Management Pte Ltd (VMPL), and executive Director of VVH from March 1995 to February 2004. Prior to this, he was with the NatSteel group of companies as the Manager of the Project Development Department and the Ministry of National Development where he was Deputy Director of Planning.

Mr Lee had served as Chairman of Heptagon Micro Optics Pte Ltd and was also on the boards of Centillium Communications, Inc, Chartered Semiconductor Manufacturing Ltd, GRIC Communications Inc., ActivCard Corp and Gemplus International S.A.

Mr Lee holds a Bachelor of Science degree in Mechanical Engineering (First Class Honours) from Queen’s University, Canada and a Master of Science degree in Operations Research and Systems Analysis from the U.S. Naval Postgraduate School.

Jenny Lee

Board of Directors

Jenny Lee is a Managing Partner of GGV Capital and also serves as a member of the CashShield Board of Directors. She has vast experience in the USA and China, working with disruptive technology companies that are changing traditional business models and creating new value for users and businesses. Jenny has led GGV’s investments in hiSoft (NASDAQ: PACT), 21Vianet (NASDAQ: VNET), SinoSun (SHE: 300333), YY (NASDAQ: YY) and successfully helped them go public. Jenny also serves on the board of other innovative private companies, including CashShield, Clobotics, eHang Technology, Keep, Kingsoft WPS, Niu.com, Phononic, Xiaozhan (Education), 51zhangdan (Finance) and UCWeb until it was acquired by Alibaba.

Jenny has been recognized by Forbes Global 100 VC Midas List of top venture capitalists ranked as the #1 woman and #10 overall in 2015, and recognized by The New York Times and CB Insights among the top 100 venture capital investors worldwide, ranking #17 and one of the only two selected from Mainland China. Jenny is also the recipient of Business China’s Young Achiever Award, prestigious recognition awarded by the Singapore Deputy Prime Minister for helping to foster relationships between China and Singapore through technology and investment.

Tony Fadell

Tony Fadell – the inventor of the iPod, an inventor of the iPhone, and founder of Nest, the company that pioneered the “Internet of things”

Tony is an active investor and entrepreneur with a 25-year history of founding companies and designing products that profoundly improve people’s lives. He is the founder and former CEO of Nest, the company that pioneered the “Internet of things”. Previously, Tony was the SVP of Apple’s iPod Division and led the team that created the first 18 generations of the iPod and the first three generations of the iPhone. Tony has authored more than 300 patents. In May 2016, TIME named Nest Thermostat, the iPod and iPhone as three of the “50 Most Influential Gadgets of All Time.”